What are the main factors that influence a Loan Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Loan Processor's salary?

A Loan Processor's salary grows with experience: a Loan Processor I (0-1 years)earns $41,987, a Loan Processor (1-3 years)earns $47,030, a Loan Processor III (3-5 years)earns $56,996, a Loan Processing Supervisor (5+ years)earns $61,596,

What are the highest paying cities for a Loan Processor?

Loan Processor salary varies significantly by city. The top 3 highest paying cities in Oregon for Loan Processor roles are San Jose $60,348, San Francisco $59,687, Oakland $58,429.

How much do different types of Loan Processor roles make?

Salaries for Loan Processor level roles vary by specialization: Sba Loan Processor: $60,374; Loan Processor III: $59,261; Junior Loan Processor: $56,609; Jr Loan Processor: $50,793; Loan Processor II: $48,899.

What specialized skills increase a Loan Processor's salary?

Skills with high demand and low supply, such as Team Operations (up to 7% premium), Leadership (up to 6% premium), Onboarding (up to 5% premium), directly translate to higher compensation. Employers pay more for these capabilities to gain a competitive edge.

Loan Processor Salary in Lebanon, OR

How much does a Loan Processor make in Lebanon, OR?

As of May 01, 2026, the average salary for a Loan Processor in Lebanon, OR is $47,381 per year, which breaks down to an hourly rate of $23.

However, a Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $56,514
Majority Range (25th-75th percentile): $43,781 to $52,162
Entry-Level (10th percentile): $40,504

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Loan Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$52,162	$4,347	$1,003	$25
Average	$47,381	$3,948	$911	$23
25th Percentile	$43,781	$3,648	$842	$21

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Loan Processor Salaries

A Loan Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

Top Paying Cities for Loan Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $60,348
San Francisco: $59,687
Oakland: $58,429

San Jose, CA $60,348

San Francisco, CA $59,687

Oakland, CA $58,429

New York, NY $55,089

Paramus, NJ $54,419

Queens Village, NY $54,417

Passaic, NJ $54,371

Bergenfield, NJ $54,367

Stamford, CT $54,262

Huntington, NY $54,242

Newark, NJ $53,888

Bridgeport, CT $53,788

Vallejo, CA $53,692

New Brunswick, NJ $53,673

Petaluma, CA $53,644

Middlesex, NJ $53,554

Somerset, NJ $53,520

Santa Cruz, CA $53,458

Boston, MA $53,166

Monterey, CA $52,998

Seattle, WA $52,889

Santa Rosa, CA $52,879

Los Angeles, CA $52,865

Juneau, AK $52,740

Washington, DC $52,688

Orange, CA $52,517

Santa Ana, CA $52,391

Long Beach, CA $52,343

Anaheim, CA $52,334

Anchorage, AK $52,310

Santa Maria, CA $52,166

Everett, WA $52,156

Danbury, CT $51,988

Bremerton, WA $51,922

Tacoma, WA $51,750

New Suffolk, NY $51,749

Sacramento, CA $51,735

Santa Barbara, CA $51,683

Trenton, NJ $51,630

San Diego, CA $51,630

Brockton, MA $51,578

Fairbanks, AK $51,460

Lompoc, CA $51,338

Lowell, MA $51,300

Ventura, CA $51,290

Nashua, NH $51,281

Stockton, CA $51,276

Modesto, CA $50,927

Poughkeepsie, NY $50,822

Olympia, WA $50,731

Kennewick, WA $50,731

New Haven, CT $50,712

Lawrence, MA $50,539

Hartford, CT $50,491

Riverside, CA $50,482

New Bedford, MA $50,434

Richland, WA $50,434

Bakersfield, CA $50,367

San Bernardino, CA $50,348

New Britain, CT $50,343

Atlantic City, NJ $50,343

New London, CT $50,324

Norwich, CT $50,310

Portsmouth, NH $50,300

Boulder, CO $50,199

Portland, OR $50,133

Worcester, MA $50,128

Minneapolis, MN $49,980

Philadelphia, PA $49,913

Honolulu, HI $49,755

Saint Paul, MN $49,732

Vineland, NJ $49,721

Providence, RI $49,582

Chicago, IL $49,444

Bellingham, WA $49,386

Springfield, MA $49,348

Baltimore, MD $49,334

Chico, CA $49,214

Pittsfield, MA $49,085

Manchester, NH $48,994

Spokane, WA $48,783

Denver, CO $48,779

Albany, NY $48,554

Troy, NY $48,535

Nassau, NY $48,483

Schenectady, NY $48,434

Wilmington, DE $48,396

Burlington, VT $48,329

Salem, OR $48,310

Portland, ME $48,161

Yakima, WA $48,114

Rochester, MN $47,965

Reno, NV $47,941

Fresno, CA $47,941

Milwaukee, WI $47,898

Detroit, MI $47,850

Ann Arbor, MI $47,842

Allentown, PA $47,836

Colorado Springs, CO $47,755

Syracuse, NY $47,731

Carson City, NV $47,731

Houston, TX $47,664

Eugene, OR $47,640

Gary, IN $47,582

Springfield, OR $47,544

Bismarck, ND $47,535

Galveston, TX $47,501

Medford, OR $47,429

Fort Collins, CO $47,410

Concord, NH $47,386

Austin, TX $47,372

Mesa, AZ $47,271

Reading, PA $47,267

Phoenix, AZ $47,262

Dallas, TX $47,248

Saint Cloud, MN $47,202

Madison, WI $47,137

Utica, NY $47,008

Rochester, NY $46,932

Des Moines, IA $46,927

Raleigh, NC $46,922

Atlanta, GA $46,850

Battle Creek, MI $46,836

Salt Lake City, UT $46,822

Lancaster, PA $46,750

Harrisburg, PA $46,683

Kansas City, MO $46,635

Champaign, IL $46,626

Kansas City, KS $46,626

Fort Worth, TX $46,621

Columbus, OH $46,613

Boca Raton, FL $46,602

Pittsburgh, PA $46,582

Richmond, VA $46,563

Indianapolis, IN $46,554

Cleveland, OH $46,549

Las Vegas, NV $46,492

Cincinnati, OH $46,492

Petersburg, VA $46,420

Huntsville, AL $46,348

Lansing, MI $46,316

Lebanon, PA $46,310

Pueblo, CO $46,305

Appleton, WI $46,291

Buffalo, NY $46,271

Dayton, OH $46,257

Racine, WI $46,248

Charlotte, NC $46,243

Saint Louis, MO $46,228

York, PA $46,200

Elkhart, IN $46,200

Gastonia, NC $46,191

Billings, MT $46,179

Beaumont, TX $46,166

Lorain, OH $46,157

Benton Harbor, MI $46,147

Toledo, OH $46,138

Binghamton, NY $46,114

Rock Hill, SC $46,109

Rockford, IL $46,085

Springfield, IL $46,066

Elyria, OH $46,061

Fargo, ND $46,061

Flagstaff, AZ $46,027

Fort Lauderdale, FL $45,999

Duluth, MN $45,970

Miami, FL $45,970

Cheyenne, WY $45,937

Grand Forks, ND $45,937

Bangor, ME $45,831

Cedar Rapids, IA $45,779

Durham, NC $45,759

Louisville, KY $45,755

Grand Rapids, MI $45,745

Hialeah, FL $45,740

Casper, WY $45,673

Scranton, PA $45,616

New Orleans, LA $45,602

Virginia Beach, VA $45,597

Akron, OH $45,573

Peoria, IL $45,511

Sarasota, FL $45,501

Nashville, TN $45,468

Omaha, NE $45,468

Green Bay, WI $45,468

Baton Rouge, LA $45,444

Charleston, SC $45,434

Jamestown, NY $45,410

Davenport, IA $45,410

Tucson, AZ $45,386

Saint Petersburg, FL $45,358

Tampa, FL $45,348

Evansville, IN $45,319

Port Arthur, TX $45,319

Bradenton, FL $45,300

Santa Fe, NM $45,214

Orlando, FL $45,128

Clearwater, FL $45,114

Canton, OH $45,013

La Crosse, WI $45,013

Albuquerque, NM $44,984

Newport News, VA $44,980

High Point, NC $44,965

Ogden, UT $44,946

Corpus Christi, TX $44,908

Norfolk, VA $44,879

Laramie, WY $44,879

Rock Island, IL $44,850

Saginaw, MI $44,841

Jacksonville, FL $44,836

Salisbury, NC $44,827

Boise, ID $44,817

Moline, IL $44,793

Fort Myers, FL $44,779

Memphis, TN $44,769

Tulsa, OK $44,745

Waterloo, IA $44,716

Spartanburg, SC $44,669

Lincoln, NE $44,645

Fort Wayne, IN $44,635

Provo, UT $44,630

Cedar Falls, IA $44,573

San Antonio, TX $44,554

Greensboro, NC $44,535

South Bend, IN $44,530

Savannah, GA $44,477

Muskegon, MI $44,458

Birmingham, AL $44,453

Winston Salem, NC $44,430

Lake Charles, LA $44,315

Anderson, IN $44,305

Lexington, KY $44,291

Augusta, GA $44,276

Greenville, SC $44,276

Lima, OH $44,238

Wichita, KS $44,233

Tuscaloosa, AL $44,233

Columbia, SC $44,190

Springfield, OH $44,181

Asheville, NC $44,104

Bloomington, IN $44,071

Knoxville, TN $43,898

Shreveport, LA $43,894

Wilmington, NC $43,831

Roanoke, VA $43,831

Topeka, KS $43,745

Frankfort, KY $43,740

Oklahoma City, OK $43,707

Chillicothe, OH $43,688

Longview, TX $43,683

Melbourne, FL $43,678

Sioux Falls, SD $43,602

Mobile, AL $43,597

Terre Haute, IN $43,578

Altoona, PA $43,549

Amarillo, TX $43,516

Killeen, TX $43,501

Fayetteville, AR $43,463

Chattanooga, TN $43,449

Sioux City, IA $43,406

Idaho Falls, ID $43,396

Lynchburg, VA $43,358

Gainesville, FL $43,295

Portsmouth, OH $43,272

Little Rock, AR $43,262

Lafayette, LA $43,243

Youngstown, OH $43,243

Daytona Beach, FL $43,214

Clarksville, TN $43,209

Pensacola, FL $43,205

Temple, TX $43,201

Hopkinsville, KY $43,061

Erie, PA $43,051

Florence, SC $43,032

Charleston, WV $42,956

Great Falls, MT $42,932

Macon, GA $42,865

Tallahassee, FL $42,860

Fayetteville, NC $42,851

Waco, TX $42,841

Helena, MT $42,807

Pine Bluff, AR $42,789

Vincennes, IN $42,731

Lubbock, TX $42,712

Alamogordo, NM $42,683

Twin Falls, ID $42,640

Rapid City, SD $42,626

Jackson, MS $42,540

Huntington, WV $42,536

Greenville, MS $42,535

Parkersburg, WV $42,486

Montgomery, AL $42,477

Wichita Falls, TX $42,429

Springfield, MO $42,429

Biloxi, MS $42,406

Monroe, LA $42,358

Johnstown, PA $42,324

Sumter, SC $42,305

Columbus, GA $42,300

Pascagoula, MS $42,209

Abilene, TX $42,209

Kingsport, TN $42,085

Albany, GA $42,085

Gulfport, MS $42,071

Alexandria, LA $41,913

Fort Smith, AR $41,793

El Paso, TX $41,664

Las Cruces, NM $41,449

Harlingen, TX $41,327

Pocatello, ID $41,319

Florence, AL $41,257

Brownsville, TX $41,248

Mcallen, TX $41,147

Dothan, AL $41,080

Columbus, MS $40,796

Altus, OK $40,573

Lawton, OK $40,482

Pierre, SD $40,310

What Skills Can Increase a Loan Processor's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 9.84% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	9.84%
Data Entry	2.85%
Loan Review	1.38%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Processor's salary.

Team Operations: Can increase your salary by up to 7%.
Leadership: Can increase your salary by up to 6%.
Onboarding: Can increase your salary by up to 5%.

Skill	Salary	Salary % Increase
Team Operations	$50,698	7%
Leadership	$50,224	6%
Onboarding	$49,751	5%
Prioritization	$49,751	5%
Presentation	$49,751	5%
Customer Relationship	$49,277	4%

Get Latest Data

Loan Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 01, 2026

$43,781

Average $47,381/year

$52,162

$3,648

Average $3,948/month

$4,347

$842

Average $911/week

$1,003

$21

Average $23/hour

$25

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$52,162	$4,347	$1,003	$25
Average	$47,381	$3,948	$911	$23
25th Percentile	$43,781	$3,648	$842	$21

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